ADEIA Other Current Assets vs Short Term Investments Analysis

ADEA Stock  USD 12.25  0.20  1.66%   
ADEIA P financial indicator trend analysis is way more than just evaluating ADEIA P prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADEIA P is a good investment. Please check the relationship between ADEIA P Other Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADEIA P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.

Other Current Assets vs Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADEIA P Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between ADEIA P's Other Current Assets and Short Term Investments is 0.33. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of ADEIA P, assuming nothing else is changed. The correlation between historical values of ADEIA P's Other Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of ADEIA P are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., ADEIA P's Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Term Investments

Short Term Investments is an item under the current assets section of ADEIA P balance sheet. It contains any investments ADEIA P undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that ADEIA P can easily liquidate in the marketplace.
Most indicators from ADEIA P's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADEIA P current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADEIA P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.At present, ADEIA P's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 129.6 M, whereas Discontinued Operations is projected to grow to (373.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit750.9M324.7M293.5M275.0M
Total Revenue877.7M438.9M388.8M304.9M

ADEIA P fundamental ratios Correlations

0.870.650.940.910.870.740.490.270.340.980.52-0.090.85-0.380.470.890.870.44-0.230.850.140.960.850.370.89
0.870.470.870.70.910.390.70.240.380.760.420.340.640.070.650.960.560.78-0.10.80.060.760.750.060.55
0.650.470.480.780.380.59-0.040.340.270.640.59-0.050.56-0.240.340.610.680.29-0.080.670.00.590.560.70.67
0.940.870.480.820.920.640.540.120.320.910.47-0.030.76-0.330.460.860.770.45-0.270.820.020.890.770.20.77
0.910.70.780.820.740.750.160.360.360.910.54-0.140.75-0.420.440.820.880.32-0.180.89-0.010.90.750.670.87
0.870.910.380.920.740.450.630.360.340.820.390.140.66-0.140.470.880.60.54-0.190.76-0.110.80.640.050.62
0.740.390.590.640.750.450.070.23-0.090.830.62-0.60.74-0.770.030.440.95-0.1-0.510.550.270.820.590.610.93
0.490.7-0.040.540.160.630.070.160.030.37-0.10.450.380.290.280.470.120.64-0.280.240.30.370.31-0.540.19
0.270.240.340.120.360.360.230.160.00.250.210.130.140.050.040.240.240.21-0.160.15-0.170.28-0.10.280.23
0.340.380.270.320.360.34-0.090.030.00.290.020.230.230.030.540.480.20.350.790.3-0.290.30.440.180.21
0.980.760.640.910.910.820.830.370.250.290.55-0.280.87-0.550.370.80.930.25-0.260.80.140.980.830.430.95
0.520.420.590.470.540.390.62-0.10.210.020.55-0.320.44-0.390.240.530.650.13-0.170.53-0.120.540.50.540.53
-0.090.34-0.05-0.03-0.140.14-0.60.450.130.23-0.28-0.32-0.360.940.50.26-0.490.770.230.07-0.06-0.24-0.11-0.4-0.48
0.850.640.560.760.750.660.740.380.140.230.870.44-0.36-0.580.060.640.830.24-0.250.660.150.790.720.350.86
-0.380.07-0.24-0.33-0.42-0.14-0.770.290.050.03-0.55-0.390.94-0.580.33-0.02-0.720.580.24-0.18-0.07-0.5-0.34-0.49-0.72
0.470.650.340.460.440.470.030.280.040.540.370.240.50.060.330.70.210.60.320.590.010.450.60.120.18
0.890.960.610.860.820.880.440.470.240.480.80.530.260.64-0.020.70.640.70.00.91-0.050.80.810.290.61
0.870.560.680.770.880.60.950.120.240.20.930.65-0.490.83-0.720.210.640.07-0.290.690.160.910.740.640.98
0.440.780.290.450.320.54-0.10.640.210.350.250.130.770.240.580.60.70.070.070.510.010.250.36-0.090.03
-0.23-0.1-0.08-0.27-0.18-0.19-0.51-0.28-0.160.79-0.26-0.170.23-0.250.240.320.0-0.290.07-0.18-0.37-0.240.02-0.01-0.29
0.850.80.670.820.890.760.550.240.150.30.80.530.070.66-0.180.590.910.690.51-0.18-0.020.790.780.490.66
0.140.060.00.02-0.01-0.110.270.3-0.17-0.290.14-0.12-0.060.15-0.070.01-0.050.160.01-0.37-0.020.140.34-0.120.21
0.960.760.590.890.90.80.820.370.280.30.980.54-0.240.79-0.50.450.80.910.25-0.240.790.140.820.430.92
0.850.750.560.770.750.640.590.31-0.10.440.830.5-0.110.72-0.340.60.810.740.360.020.780.340.820.330.75
0.370.060.70.20.670.050.61-0.540.280.180.430.54-0.40.35-0.490.120.290.64-0.09-0.010.49-0.120.430.330.55
0.890.550.670.770.870.620.930.190.230.210.950.53-0.480.86-0.720.180.610.980.03-0.290.660.210.920.750.55
Click cells to compare fundamentals

ADEIA P Account Relationship Matchups

ADEIA P fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B2.7B2.5B1.2B1.1B832.7M
Total Stockholder Equity547.9M1.5B1.3B301.4M356.6M506.3M
Common Stock Shares Outstanding49.1M83.9M104.7M104.3M112.8M58.0M
Liabilities And Stockholders Equity1.0B2.7B2.5B1.2B1.1B832.7M
Other Current Liab36.9M116.9M143.8M28.8M18.3M33.1M
Total Current Liabilities48.1M224.7M189.7M160.7M102.0M63.6M
Property Plant And Equipment Net50.7M143.4M129.5M10.5M16.5M15.6M
Net Debt279.4M735.4M619.0M619.6M541.4M568.4M
Retained Earnings148.3M264.3M187.8M(123.7M)(56.3M)(53.5M)
Accounts Payable4.7M13.0M448K8.5M9.6M5.1M
Cash74.6M170.2M201.1M114.6M54.6M51.8M
Non Current Assets Total766.7M2.2B2.0B951.8M899.7M553.9M
Non Currrent Assets Other3.1M153.3M148.0M5.5M198.5M208.5M
Cash And Short Term Investments121.5M257.1M261.7M114.6M83.6M79.4M
Net Receivables146.0M248.4M221.4M132.2M114.6M64.3M
Short Term Investments46.9M86.9M60.5M0.029.0M27.6M
Other Current Assets2.6M30.9M31.4M11.9M7.7M14.6M
Other Stockholder Equity399.6M1.2B1.2B425.0M412.8M458.4M
Total Liab502.8M1.3B1.1B909.1M748.9M786.4M
Total Current Assets281.2M546.3M519.5M258.7M205.8M351.9M
Accumulated Other Comprehensive Income(53K)1.3M(752K)(51K)(8K)(8.4K)
Common Stock64K110K113K117K121K115.0K
Current Deferred Revenue720K33.1M35.1M17.1M7.1M7.6M
Inventory11.2M9.8M5.1M7.1M8.1M5.9M
Intangible Assets232.3M1.0B817.9M432.5M347.2M290.2M
Non Current Liabilities Total454.7M1.0B939.8M748.4M646.9M365.9M
Short Long Term Debt Total353.9M905.6M820.1M734.2M595.9M695.0M
Other Liab106.6M163.5M155.8M118.0M135.7M137.4M
Net Tangible Assets(70.1M)(394.5M)(319.4M)(444.7M)(400.3M)(420.3M)
Other Assets98.0M155.7M147.2M195.1M224.4M151.6M
Long Term Debt334.7M795.7M729.4M619.6M519.6M638.2M
Net Invested Capital882.6M2.3B2.1B1.0B942.3M1.1B
Capital Stock64K110K113K117K121K107.6K
Non Current Liabilities Other131K4.6M7.2M122.8M18.1M30.9M
Net Working Capital233.1M321.6M329.7M98.0M103.8M190.6M
Property Plant Equipment50.7M143.4M129.5M4.6M5.2M5.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ADEIA P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ADEIA P's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Adeia P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Adeia P Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADEIA P. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade ADEIA Stock refer to our How to Trade ADEIA Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ADEIA P. If investors know ADEIA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ADEIA P listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
0.2
Earnings Share
0.37
Revenue Per Share
3.177
Quarterly Revenue Growth
(0.15)
The market value of ADEIA P is measured differently than its book value, which is the value of ADEIA that is recorded on the company's balance sheet. Investors also form their own opinion of ADEIA P's value that differs from its market value or its book value, called intrinsic value, which is ADEIA P's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ADEIA P's market value can be influenced by many factors that don't directly affect ADEIA P's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ADEIA P's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADEIA P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADEIA P's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.